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Cobie will now lead the Base app team as Base creator and Coinbase executive Jesse Pollak focuses the Base blockchain’s infrastructure, prioritizing trading, stablecoin payments, and AI agents.In a long and contrite X post, Pollak noted several of his experiments with Base’s “socialfi” features, namely content coins, did not peter out.

BlackRock’s CFO said the firm wants it so “investors never need to leave digital wallets to allocate efficiently across crypto, stablecoins, and exposure to long-term stocks and bonds.”BlackRock also seeks to eventually offer tokenized long-term investments like “Treasury funds, iShares ETFs, and even private markets.”Tokenization and crypto are “a pure organic growth opportunity for BlackRock,” the CFO added.

Kraken Institutional has tapped Upshift as a vault infrastructure provider, enabling clients to earn yield on their idle crypto assets kept in secure custody.Rather than using a pooled vault system, Upshift will build dedicated vaults tailored to each client’s specific investment strategy and risk considerations.

Onchain data shows the Ostium attacker dispersing the stolen funds across multiple wallets after converting USDC into ETH.

Pollak said he is handing the Base App back to Coinbase to focus on building Base into "the blockchain for global finance" after conceding the network's push into on-chain social missed the mark.

The Czech Ministry of Finance added Polymarket to its list of unauthorized internet games, requiring ISPs to block the platform within 15 days.

DTCC has launched a tokenization pilot with BlackRock, JPMorgan, Goldman Sachs, and nearly 40 financial firms.Microsoft, Circle, QQQ, SPY, and BlackRock Treasury ETF are among the first assets being tokenized.The pilot uses Hyperledger Besu and Canton, while Stellar-based custody tokenization is planned for 2027.

Institutional crypto OTC desks are evolving beyond block trades into full-service execution and settlement infrastructure.Growing institutional demand is reshaping crypto OTC desks into providers of execution, settlement, and treasury infrastructure.Crypto OTC markets are expanding beyond large trades as institutions seek integrated execution and liquidity solutions.

BTC cleared a key resistance level Tuesday, giving bulls hope. Prediction market traders aren't convinced.

Circle has a rough day. Pump.fun pumps on first major unlock. And Robinhood Chain sees its first big rotation.

Ethereum staking generated $45.7 million, accounting for 98% of BitMine’s total quarterly revenue in May.BitMine now stakes 4.9 million ETH, equal to roughly 85% of its Ethereum treasury holdings.Tom Lee projects $284 million in annual rewards once BitMine fully stakes its ETH treasury.

The startup's backers, including Bitmine and Joe Lubin, are betting institutions need a privacy layer before running money on a public chain.

Ethereum co-founder Joe Lubin and the two largest Ethereum treasury firms, Bitmine and SharpLink, have backed a third major Ethereum Foundation spin-out organization.EthSystems was formed by Mo Jalil, Oskar Thorén, and Aaryamann Challani, who led the EF’s Institutional Privacy Task Force.The startup will build tech and provide consulting to help institutions operate on Ethereum while maintaining confidentiality.

Pakman argues that many crypto tokens continue to trade primarily on online narratives rather than the economic performance of the networks behind them.He suggested projects could pay contributors in stablecoins, allowing nascent networks to attract participants less willing to bet on the long-term value of a native token.

Lower bitcoin mining difficulty wasn’t enough to offset operational headwinds in June.CleanSpark ended June holding 13,924 bitcoin, while Canaan reached a record treasury balance.

Bitcoin pushed higher on Tuesday after U.S. consumer prices fell 0.4% in June, the sharpest monthly drop since 2020, undercutting a week of analyst warnings that a hawkish Fed had crypto boxed in.The desks that spent the week bracing for a “higher-for-longer” regime on Middle East oil got the opposite: energy fell 5.7%, and the print landed softer than any of them modeled.